Too Many Law Firms Are Still Fighting the Last War: “2018 Report on the State of the Legal Market,” From Georgetown Law and Thomson Reuters Legal Executive Institute

Thomson Reuters, January 10, 2018

EAGAN, Minn. & WASHINGTON, D.C., – Law firms have spent much of the past decade fortifying themselves against anticipated challenges. But strategies based on how the market has behaved in the past may be leaving many firms unprepared for the rapid transformations that are sweeping the legal industry. Those are among the conclusions of the “2018 Report on the State of the Legal Market” just issued by the Center for the Study of the Legal Profession at Georgetown University Law Center and Thomson Reuters Legal Executive Institute…